Appeals court rules against Vringo; shares halted

The federal appeals court handling Vringo's (VRNG -10.8%) suit against Google has ruled against Vringo, arguing the patent claims it asserts "disclose no new technology, but instead simply recite the use of a generic computer to implement a well-known and widely-practiced technique for organizing information." (the full ruling - .pdf)

The appeals court cites a recent Supreme Court ruling that upheld the patentability of software concepts, but barred companies from patenting a mere abstract idea on a computer.

Vringo has been halted. Shares plunged shortly before the halt.

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Comments (10)
  • Randal James
    , contributor
    Comments (4420) | Send Message
    Ask not for whom the bell tolls.


    It tolls for trolls.
    15 Aug 2014, 11:19 AM Reply Like
    , contributor
    Comments (2) | Send Message
    We can now assume the whole patent system is obsolete. Victory!
    16 Aug 2014, 11:29 AM Reply Like
  • Anders CT
    , contributor
    Comments (263) | Send Message
    @ IGORIO


    One can only hope
    16 Aug 2014, 05:47 PM Reply Like
  • Daniel5150
    , contributor
    Comments (267) | Send Message
    Thank God i cut and ran with a small loss a few weeks back.
    15 Aug 2014, 11:28 AM Reply Like
  • gob smacked at the drop
    , contributor
    Comments (1686) | Send Message
    terrible was the Supreme Court decision leading to this travesty of justice...if it stands, the whole US patent system is in question imo.
    15 Aug 2014, 11:35 AM Reply Like
  • Anders CT
    , contributor
    Comments (263) | Send Message
    It would certainly be good news if the laughable circus that is the US patent system would be questioned a bit more.
    16 Aug 2014, 10:48 AM Reply Like
  • jdadyfinance
    , contributor
    Comments (238) | Send Message
    Yawn... this is not over. Now appeal of the appeal. Other patents to assert in the portfolio as well.
    15 Aug 2014, 11:41 AM Reply Like
  • Leont68
    , contributor
    Comments (1421) | Send Message
    after the parker ruling I deciced not to trade patent related companies anymore...
    15 Aug 2014, 11:57 AM Reply Like
  • nottheboss1
    , contributor
    Comments (116) | Send Message
    Reading the court's opinion is worthwhile. The opinion is persuasive, and it appears that the lower courts have received the US Supreme Court's loud, clear message.
    15 Aug 2014, 02:05 PM Reply Like
  • haleiwahu
    , contributor
    Comments (4010) | Send Message
    Before this case, VRNG appeared to be worth looking into, good thing I waited.
    15 Aug 2014, 05:11 PM Reply Like
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